8 7. REGIONAL ALLOCATION US & Canada : 40%=>39% Latin-America : 2%=>3% Australia : 3%=>2% Japan : 0%=>6% South-Africa : 6% Eastern Europe : 2%=>1% UK & Ireland : 7%=>6% Asia (ex Japan & Australia) : 18%=>16% Scandinavia : 2% Southern Europe (France, Italy, Spain ) : 11% Western Europe (Benelux, Germany, Switzerland,...) : 9%=>8% This document does not constitute an offer or solicitation in any jurisdiction in which such offer or sollicitation is not authorised. Past performance is not a guarantee of future returns. The value of investments may fall as well as rise. Any decision to invest should be based on a full reading of the fund prospectus and the most recent financial statements, available at

The Dutch mortgage market at a cross road? The problematic relationship between supply of and demand for residential mortgages 22/03/2013 Housing market in crisis House prices down Number of transactions

it would be too restrictive to limit the notion to an "inner circle" in which the individual may live his own personal life as he chooses and to exclude therefrom entirely the outside world not encompassed